Deductions Management

Deductions Auto Coding

Automate Deduction Coding. Auto-capture & translate customer reason codes from claims to ERP reason codes.


Key Features

AI-based E-Mail Remittance Capture

Industry Reason Code Library

Use HighRadius’ reason code library to identify and categorize claims into reason code categories automatically.

AI-based E-Mail Remittance Capture

Claim-ERP Reason-Code Mapping

Translate claim reason code to ERP reason codes and copy them onto Deductions, shortening Deduction research times.

400+ Enterprise Customers

Enterprise Customers

600+ Mid-Market Customers

Enterprise Customers

Recommended Resources

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How Did Robots Win Over Amazon in the Dispute Resolution Challenge?

Learn how automation scores 5-0 against Amazon’s Vendor Central in the dispute resolution challenge.

Download the Ebook
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Streamlining Deductions Operations: Resolving Deductions 2x Faster

Streamlining deductions operations with the help of AIs can make the process 2x faster. Learn more about the streamlining process on this e-book.

Download the Ebook
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Request the "Automation of Deduction Research" Whitepaper

Suppliers are losing too much time and money in dispute resolution cases. An automated process for deduction research is often missing or underdeveloped in ERP.

Download the Whitepaper

FAQs: AI-Powered Disputes & Deductions Management Software

What is automated Dispute Automation Software?

Deductions automation software, also known as Dispute Management Software, is a tool designed to streamline and automate the process of managing trade deductions taken from receivables in the O2C cycle. It helps to identify, categorize, and resolve deductions efficiently, reducing manual effort and improving accuracy.

What are the benefits of an Automated Dispute Resolution Software?

An Automated Dispute Resolution Software helps in improving the Net Recovery Rate & increasing deductions analyst efficiency by speeding up the research & resolution of deductions using deductions validity predictor & reason code auto-matching.

How does the HighRadius Dispute Management Software predict whether a deduction is valid or invalid?

The Deductions Validity Predictor uses AI algorithms that look at 100+ data points related to deductions and invoices to accurately predict the chances of a deduction being valid or invalid, allowing deduction analysts to prioritize recovering invalid deductions over spending too much time on the valid ones.

How does the HighRadius Dispute Management Software handle data security and privacy?

HighRadius Dispute Management Software prioritizes data security and privacy, adhering to stringent industry standards such as GDPR, ISO, PCI DSS, HIPAA, and SOC. We use strong encryption and role-based access controls to protect your financial data, ensuring confidentiality and compliance.

Can HighRadius pull information on trade promotions and deals from ERPs too for Automatic Deduction resolution?

If you maintain all your trade promotions within your ERP system or RPA system, Highradius can pull all the relevant documentations and reason codes from there. So, you don't necessarily have to have a Trade Promotion Management System (TPM) for us to pull in all promotion-level documents.

Does HighRadius have a workflow of approvals setup for Dispute Resolution?

Yes. In scenarios where various members need to validate and approve a deduction, a multi-level approval workflow can be set up in the solution, and provide approval by logging into the solution or sending an email. This ensures that all approvals are tracked in the system, leading to transparency and accountability.

How does HighRadius Dispute Management Software compare to alternative solutions?

HighRadius Dispute Management Software excels with its AI Deductions Validity Predictor, a standout feature that boosts net recovery by 30%. Trained on over $10 trillion worth of transaction data, this predictive model identifies valid and invalid deductions swiftly, ensuring faster resolution.

Can a Dispute Management Software integrate with my ERP?

Yes, Dispute Management Softwares seamlessly integrates with your ERP. Additionally, it can support API integration for orther financial management softwares. This enables easy extraction of specific fields like credit memos, open deductions, or open negative line items.

How much time does it take to implement HighRadius Dispute Management Software?

The implementation time for HighRadius Dispute Management Software varies based on the complexity of an organization's requirements. However, our Speed to Value methodology guarantees swift implementation and ROI realization within 3 to 6 months, setting an industry benchmark.

How much IT involvement is needed to maintain Dispute Management Software?

The right Dispute Management Software needs little IT participation. It easily integrates with ERPs using real-time APIs and Hex (SFTP) connectors, plus it comes with pre-built modules and industry-specific best practices. This means customers can deploy remotely without much hassle or IT reliance.

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